Out of profit

C.S. Swati (CS) (60 Points)

14 May 2011  

Dear All,

 

Is there any distribution pattern of OUT OF PROFIT between premium on redemption of preference shares & Debenture Redemption Reserve.. 

As for instance,  I have100 in my hand as profit & need to distribute between above mentioned heads.... so in what proportion it should be distributed.....& my liability is100 each..

 

Please revert ....

 

Thanks

Swati